Tag Archives: prices

More Food Shortage news?

Bloomberg.com: Exclusive

The World Food Program cut off rice deliveries to 1,344 Cambodian schools last month after prices doubled and suppliers defaulted on contracts. Schools will run out of food by May 1, depriving about 450,000 children of meals, the WFP estimates.

After the article yesterday from the Sun:

Many parts of America,
long considered the breadbasket of the world, are now confronting a
once unthinkable phenomenon: food rationing. Major retailers in New
York, in areas of New England,
and on the West Coast are limiting purchases of flour, rice, and
cooking oil as demand outstrips supply. There are also anecdotal
reports that some consumers are hoarding grain stocks.

This is troubling news….